Brokers Issue Forecasts for Zscaler FY2026 Earnings

Zscaler, Inc. (NASDAQ:ZS - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Zscaler in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the company will post earnings per share of $0.20 for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $275.00 price target on the stock. The consensus estimate for Zscaler's current full-year earnings is ($0.10) per share.

A number of other brokerages have also issued reports on ZS. Truist Financial restated a "buy" rating and issued a $300.00 target price (up previously from $260.00) on shares of Zscaler in a research note on Friday, May 30th. Rosenblatt Securities upped their price objective on Zscaler from $235.00 to $315.00 and gave the stock a "buy" rating in a research note on Friday, May 30th. BMO Capital Markets raised their target price on Zscaler from $233.00 to $295.00 and gave the company an "outperform" rating in a research note on Friday, May 30th. Evercore ISI upped their price target on shares of Zscaler from $245.00 to $290.00 and gave the stock an "outperform" rating in a research report on Friday, May 30th. Finally, UBS Group restated a "buy" rating and issued a $315.00 price target (up previously from $260.00) on shares of Zscaler in a research note on Friday, May 30th. Nine equities research analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $286.79.

Zscaler Stock Performance

Shares of NASDAQ:ZS traded down $1.93 during mid-day trading on Tuesday, hitting $297.97. 1,635,972 shares of the company traded hands, compared to its average volume of 2,064,995. Zscaler has a 52-week low of $153.45 and a 52-week high of $306.78. The firm has a market cap of $46.39 billion, a P/E ratio of -1,191.88 and a beta of 1.09. The firm's 50 day simple moving average is $231.71 and its 200 day simple moving average is $210.23.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.76 by $0.08. Zscaler had a negative net margin of 1.58% and a negative return on equity of 0.75%. The firm had revenue of $678.03 million for the quarter, compared to analyst estimates of $667.13 million. During the same period last year, the business earned $0.88 EPS. Zscaler's revenue for the quarter was up 22.6% compared to the same quarter last year.

Insider Transactions at Zscaler

In related news, major shareholder Ajay Mangal sold 190,480 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $200.69, for a total transaction of $38,227,431.20. Following the sale, the insider now owns 2,580,210 shares in the company, valued at approximately $517,822,344.90. This represents a 6.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andrew William Fraser Brown sold 20,333 shares of Zscaler stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $296.72, for a total value of $6,033,207.76. Following the transaction, the director now owns 27,216 shares of the company's stock, valued at $8,075,531.52. This represents a 42.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 266,722 shares of company stock valued at $57,583,648. 18.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Zscaler

Several hedge funds have recently bought and sold shares of ZS. LaFleur & Godfrey LLC lifted its stake in Zscaler by 0.6% in the fourth quarter. LaFleur & Godfrey LLC now owns 61,985 shares of the company's stock valued at $11,183,000 after buying an additional 399 shares during the period. Yousif Capital Management LLC bought a new position in Zscaler during the fourth quarter valued at $214,000. Choreo LLC raised its position in shares of Zscaler by 2.6% in the fourth quarter. Choreo LLC now owns 2,833 shares of the company's stock valued at $517,000 after purchasing an additional 73 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Zscaler by 3.0% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 224,648 shares of the company's stock valued at $40,529,000 after purchasing an additional 6,532 shares during the period. Finally, Savant Capital LLC bought a new position in shares of Zscaler in the fourth quarter worth $2,742,000. 46.45% of the stock is owned by institutional investors.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.